TaxBy County

Mercer County

Mercer County, New Jersey

Effective Tax Rate

2.51%

Median Annual Tax

$8,804

How Mercer County Compares

Median Annual Property Tax

Mercer County$8,804
New Jersey State Average$8,512
National Average$1,924

Mercer County

2.51%

Effective rate

New Jersey Avg

2.11%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$8,934

per year

Without Mortgage

$8,572

per year

Estimate Your Property Tax

$

Annual Tax

$8,804

Monthly Escrow

$734

Effective Rate

2.51%

vs. New Jersey State Average▲ 3.4% above
vs. National Average▲ 227.3% above
Sponsored

Think You're Overpaying Your Property Taxes?

Many homeowners in Mercer County, New Jersey are paying more in property taxes than they should. A professional property tax appeal could lower your assessment and save you hundreds — or even thousands — per year.

Check My Assessment

Frequently Asked Questions

What is the property tax rate in Mercer County, New Jersey?
The effective property tax rate in Mercer County, New Jersey is 2.51%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Mercer County?
The median annual property tax payment in Mercer County is $8,804. Homeowners with a mortgage pay a median of $8,934, while those without a mortgage pay $8,572.
How does Mercer County compare to the New Jersey average?
Mercer County's effective tax rate of 2.51% is higher than the New Jersey state average of 2.11%. The median annual property tax in Mercer County is $8,804, compared to the state average of $8,512.
What is the median home value in Mercer County, New Jersey?
The median home value in Mercer County, New Jersey is $351,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in New Jersey?
Property taxes in New Jersey are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Warren County(NJ)

Rate2.52%
Median Tax$8,156

Atlantic County(NJ)

Rate2.47%
Median Tax$6,749

Sussex County(NJ)

Rate2.47%
Median Tax$8,462

Cumberland County(NJ)

Rate2.46%
Median Tax$5,048
Sponsored

Compare Mortgage Rates in Mercer County

Whether you're buying or refinancing, compare rates from top lenders to find the best deal for your home.

See Today's Rates

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.

Explore more data for Mercer County

Cost of LivingCrime RateIncomeHealthSchoolsRiskWaterCounty Score